FOR SALE
$285,000

9 High Street
Bute SA 5560

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 639m2
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"Bute Corner Store FREEHOLD For Sale"

Available for a 30 day settlement with a lease available until October 2028 with renewal terms excercised.
Returning Circa 21K per year plus all outgoings adding up to a healty 7% return on investment .
There have been numerous upgrades to the building & infrastructure & the shop as you see it today is clean, neat & tidy, repainted, air conditioned more importantly supported by the many locals & tourists in the area. Shop fittings and Solar shown in the photos belong to the Lessee and are excluded from the sale . More Info available on request by calling the Sales Agent David Bussenschutt on 0429 692 511.

Property Details for 9 High St, Bute

Building Type
Commercial
Floor Size
220m2
Land Size
639m2

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About Bute 5560

The size of Bute is approximately 238.6 square kilometres. It has 7 parks covering nearly 0.2% of total area. The population of Bute in 2011 was 415 people. By 2016 the population was 432 showing a population growth of 4.1% in the area during that time. The predominant age group in Bute is 60-69 years. Households in Bute are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bute work in a managers occupation. In 2011, 85.5% of the homes in Bute were owner-occupied compared with 85.9% in 2016.

Bute has 340 properties. Over the last 5 years, Houses in Bute have seen a 69.17% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bute is $298,129 while the median value for Units is $302,642.
There are currently 2 properties listed for sale, and no properties listed for rent in Bute on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Bute.

Suburb Insights for Bute 5560

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David Bussenschutt
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Ray White Yorke Peninsula
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.